Sandwich Bot Jaredfromsubway.eth Loses $7.5 Million to Its Own Trading Logic
9 Articles
9 Articles
JaredFromSubway MEV bot hacked in $15 million crypto theft
The JaredFromSubway Ethereum MEV (Maximal Extractable Value) bot suffered a $15 million loss after an attacker manipulated the opportunity-detection logic by creating fake cryptocurrency trading opportunities.
Sandwich Bot Jaredfromsubway.eth Loses $7.5 Million to Its Own Trading Logic
Jaredfromsubway.eth, one of Ethereum’s most notorious maximal extractable value (MEV) bots, has lost more than $7.5 million after an attacker turned the bot’s own trading logic against it, according to security firm Blockaid. The bot is built for sandwich attacks, a type of MEV in which an automated trader detects a queued transaction, jumps in front of it, forces the victim into a worse price, and unwinds the position right afterward. Blockaid …
JaredFromSubway.eth Loses $7.5 Million After 97-Block DeFi Trap
One of Ethereum’s most active MEV bots just got played. JaredFromSubway.eth—a bot with 6.4 million transactions under its belt—walked straight… Read the original on JaredFromSubway.eth Loses $7.5 Million After 97-Block DeFi Trap. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Ethereum Sandwich Bot Loses $7.5M in Seconds After Costly MEV Exploit
Key highlights:An Ethereum sandwich bot lost more than $7.5 million after a sophisticated attack targeted its MEV trading strategy.The incident highlights the growing risks facing automated bots competing for profits in Ethereum's increasingly crowded MEV ecosystem.The loss comes as MEV activity remains a major contributor to Ethereum network revenue and block-building competition.The hunter becomes the huntedA prominent Ethereum-based "sandwich…
Jaredfromsubway.eth, Ethereum's Most Active Sandwich Bot, Drained for $7.5M Over the Weekend
An attacker drained more than $7.5 million from jaredfromsubway.eth, the Ethereum address widely considered the single most-active sandwich-attack operator on the network, over the weekend. The loss is a rare public setback for an MEV bot that has run as one of Ethereum's largest priority-fee... Read the full story at The Defiant
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